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UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’

According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be…

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Russia Gears Up to Regulate NFTs Through Legislative Amendments

Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has…

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Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information…

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Study Findings: Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive

Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to…

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Latvian Artist Threatened With Prison for Money Laundering Through NFTs

An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities…

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Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’

According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also…

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Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of…

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Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp

Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At…

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Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program

The blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post published on Wednesday. The company’s 2022 Disney Accelerator initiative is…

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